---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-108360"
form_type: "8-K"
ticker: "RILY"
cik: "0001464790"
company_name: "BRC Group Holdings, Inc."
filed_at: "2024-12-12T23:59:59+00:00"
generated_at: "2026-05-29T04:00:20.810881+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# B. Riley extends term loan springing maturity to Feb 2026, permits additional $10M telecom financing

## Summary
- Amendment No. 5 extends springing maturity of term loans to Feb 3, 2026 if more than $25M of March 2026 bonds outstanding.
- Permits up to $10M additional telecommunications financing under certain conditions.
- No fee charged in connection with the Fifth Amendment.
- Credit Agreement originally dated Aug 21, 2023, provides $500M secured term loan and $100M revolver.

## SEC filing metadata
- accession: 0001213900-24-108360
- form_type: 8-K
- ticker: RILY
- cik: 0001464790
- company_name: BRC Group Holdings, Inc.
- filed_at: 2024-12-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1464790/000121390024108360/0001213900-24-108360-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464790/000121390024108360/ea0224587-8k_briley.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-108360
- JSON: https://secwatch.observer/filing/0001213900-24-108360.json
- Plain text: https://secwatch.observer/filing/0001213900-24-108360.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.